Travel Procurement Capabilities
With business travel costs expected to increase by 6% within a year, companies must evaluate their travel contracts to mitigate potential losses. Annual travel sourcing is time-consuming and complex requiring resources who with deep expertise in the travel industry- a luxury few companies can afford. Fragmentation and lack of spend visibility make travel-related categories difficult to control and can undo months of even the best sourcing efforts.
ICG Commerce travel solutions provide accelerated strategic sourcing and implementation support for all travel-related expenditures (Air, Car, Hotel, Ground Transportation, Travel Agency, Online Booking Tools). We leverage our procurement process, technology and deep subject matter expertise to negotiate best-in-class agreements with service providers, which reduce the costs of company travel expenses, while maintaining or improving service levels. Above all ICG Commerce can be flexible, providing a complete travel solution, individual category solutions or specific services and tools to address your greatest needs. Request more information about
our Travel procurement capabilities...
Decades of experience, proven results
Travel solutions from ICG Commerce give you a practical way to bring years of experience and proven capabilities to your team without bringing on more staff.
- Category Experts: Dedicated resources with years of experience working for leading travel agencies and Fortune 1000 internal procurement organizations sourcing and managing all modes of travel
- Market Insight and Benchmarks: Knowledge of travel supply markets, providers and unbiased recommendations ensure companies receive the best combination of agency, air, car, hotel and ground transportation providers available
- Tools and Technology: Ability to analyze current and historical travel patterns, develop travel strategies and rapidly deploy solutions to improve visibility and control
- Best Practices and Metrics: Rigorous evaluation of your travel category to determine the right improvement strategy(s) – usage analyses, travel sourcing, agency selection, online booking tools evaluation, category management – and measurements to sustain cost reductions and improve control of your travel spend
Over $800MM sourced with average savings ranging from...
- 5 – 18% for Air
- 30 – 45% for Travel Agency
- 10 – 43% for Hotels
- 5 – 15% for Rental Cars/ Limo
- 9 – 17% for Ground Transportation
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